LLC formed, will receive different 1099's, Seperate Sched C's? I have been a sub-contractor for some time, and recently started an LLC as a disregarded entity (doing the same type of work). Since I did this mid-year, I will receive 1099's with my personal name and my Business name. Since I have an EIN for the LLC, will I have to file seperate schedule C's for the income I earned as a contractor and the income I earned as an LLC, splitting the income and expenses? I also filed a DBA for the LLC, and many of my customers do not know I am an LLC (they write checks to the DBA name). Do I need to inform them, will they need to send me a 1099 since I am not a Corp?
Thanks so much for any help provided,
Signed,
Confused. |